Sec Form 4 Filing - KKR Fund Holdings GP Ltd @ DOLLAR GENERAL CORP - 2012-11-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KKR Fund Holdings GP Ltd
2. Issuer Name and Ticker or Trading Symbol
DOLLAR GENERAL CORP [ DG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200
3. Date of Earliest Transaction (MM/DD/YY)
11/27/2012
(Street)
NEW YORK, NY10019
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 506,092 D $ 49.73 ( 2 ) 23,859,937 I Held through Buck Holdings, L.P. and KKR 2006 Fund L.P. ( 5 ) ( 6 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 82,170 D $ 50.3 ( 3 ) 23,777,767 I Held through Buck Holdings, L.P. and KKR 2006 Fund L.P. ( 5 ) ( 6 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/28/2012 S( 1 ) 428,969 D $ 49.6 ( 4 ) 23,348,798 I Held through Buck Holdings, L.P. and KKR 2006 Fund L.P. ( 5 ) ( 6 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 106,801 D $ 49.73 ( 2 ) 5,035,165 I Held through Buck Holdings, L.P. and KKR PEI Investments, L.P. ( 5 ) ( 7 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 17,340 D $ 50.3 ( 3 ) 5,017,825 I Held through Buck Holdings, L.P. and KKR PEI Investments, L.P. ( 5 ) ( 7 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/28/2012 S( 1 ) 90,525 D $ 49.6 ( 4 ) 4,927,300 I Held through Buck Holdings, L.P. and KKR PEI Investments, L.P. ( 5 ) ( 7 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 17,568 D $ 49.73 ( 2 ) 828,236 I Held through Buck Holdings, L.P. and 8 North America Investors L.P. ( 5 ) ( 8 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 2,852 D $ 50.3 ( 3 ) 825,384 I Held through Buck Holdings, L.P. and 8 North America Investors L.P. ( 5 ) ( 8 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/28/2012 S( 1 ) 14,891 D $ 49.6 ( 4 ) 810,493 I Held through Buck Holdings, L.P. and 8 North America Investors L.P. ( 5 ) ( 8 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 75,144 D $ 49.73 ( 2 ) 3,542,671 I Held through Buck Holdings, L.P. and Buck Holdings Co-Invest, L.P. ( 5 ) ( 9 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 12,200 D $ 50.3 ( 3 ) 3,530,471 I Held through Buck Holdings, L.P. and Buck Holdings Co-Invest, L.P. ( 5 ) ( 9 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/28/2012 S( 1 ) 63,692 D $ 49.6 ( 4 ) 3,446,779 I Held through Buck Holdings, L.P. and Buck Holdings Co-Invest, L.P. ( 5 ) ( 9 ) ( 10 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 11,753 D $ 49.73 ( 2 ) 554,091 I Held through Buck Holdings, L.P. and KKR Partners III, L.P. ( 5 ) ( 11 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/27/2012 S( 1 ) 1,908 D $ 50.3 ( 3 ) 552,183 I Held through Buck Holdings, L.P. and KKR Partners III, L.P. ( 5 ) ( 11 ) ( 12 ) ( 13 )
Common Stock, par value $0.875 per share 11/28/2012 S( 1 ) 9,962 D $ 49.6 ( 4 ) 542,221 I Held through Buck Holdings, L.P. and KKR Partners III, L.P. ( 5 ) ( 11 ) ( 12 ) ( 13 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KKR Fund Holdings GP Ltd
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
KKR Group Holdings L.P.
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
KKR Group Ltd
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
KKR & Co. L.P.
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
KKR Management LLC
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
KRAVIS HENRY R
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
ROBERTS GEORGE R
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P.
9 WEST 57TH STREET, SUITE 4200
NEW YORK, NY10019
X
Signatures
/s/ Richard J. Kreider, KKR Fund Holdings GP Limited (14) 11/29/2012
Signature of Reporting Person Date
/s/ Richard J. Kreider, KKR Group Holdings L.P. (15) 11/29/2012
Signature of Reporting Person Date
/s/ Richard J. Kreider, KKR Group Limited (16) 11/29/2012
Signature of Reporting Person Date
/s/ Richard J. Kreider, KKR & Co. L.P. (17) 11/29/2012
Signature of Reporting Person Date
/s/ Richard J. Kreider, KKR Management LLC (18) 11/29/2012
Signature of Reporting Person Date
/s/ Richard J. Kreider, as Attorney-in-Fact for Henry R. Kravis 11/29/2012
Signature of Reporting Person Date
/s/ Richard J. Kreider, as Attorney-in-Fact for George R. Roberts 11/29/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Sales made pursuant to a Rule 10b5-1 sales plan entered into on October 8, 2012, which plan provides for sales by Buck Holdings, L.P. in an amount up to 12,169,000 shares based upon applicable volume limitations.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.15 to $50.14, inclusive. The reporting person undertakes to provide to the Issuer any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (4) to this Form 4.
( 3 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.145 to $50.55, inclusive.
( 4 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $49.84, inclusive.
( 5 )Buck Holdings, L.P. directly holds all of the shares of Common Stock reported herein. Buck Holdings, LLC is the general partner of Buck Holdings, L.P. The membership interests of Buck Holdings, LLC are held by a private investor group, including affiliates of Kohlberg Kravis Roberts & Co. L.P., Goldman, Sachs & Co. and other equity investors.
( 6 )KKR 2006 Fund L.P. may be deemed to indirectly beneficially own these shares of Common Stock by virtue of the membership interests it holds in Buck Holdings, LLC. The sole general partner of the KKR 2006 Fund L.P. is KKR Associates 2006 L.P., and the sole general partner of KKR Associates 2006 L.P. is KKR 2006 GP LLC. The designated member of KKR 2006 GP LLC is KKR Fund Holdings L.P.
( 7 )KKR PEI Investments, L.P. may be deemed to indirectly beneficially own these shares of Common Stock by virtue of the membership interests it holds in Buck Holdings, LLC. The sole general partner of KKR PEI Investments, L.P. is KKR PEI Associates, L.P., and the sole general partner of KKR PEI Associates, L.P. is KKR PEI GP Limited. The sole shareholder of KKR PEI GP Limited is KKR Fund Holdings L.P.
( 8 )8 North America Investor L.P. may be deemed to indirectly beneficially own these shares of Common Stock by virtue of the membership interests it holds in Buck Holdings, LLC. The sole general partner of 8 North America Investor L.P. is KKR Associates 8 NA L.P., and the sole general partner of KKR Associates 8 NA L.P. is KKR 8 NA Limited. The sole shareholder of KKR 8 NA Limited is KKR Fund Holdings L.P.
( 9 )Buck Holdings Co-Invest, L.P. may be deemed to indirectly beneficially own these shares of Common Stock by virtue of the membership interests it holds in Buck Holdings, LLC. Buck Holdings Co-Invest GP, LLC is the sole general partner of Buck Holdings Co-Invest, LP, and the managing member of Buck Holdings Co-Invest GP, LLC is KKR Associates 2006 L.P. The sole general partner of KKR Associates 2006 L.P. is KKR 2006 GP LLC. The designated member of KKR 2006 GP LLC is KKR Fund Holdings L.P.
( 10 )The general partners of KKR Fund Holdings L.P. are KKR Fund Holdings GP Limited and KKR Group Holdings L.P. The sole shareholder of KKR Fund Holdings GP Limited is KKR Group Holdings L.P. The sole general partner of KKR Group Holdings L.P. is KKR Group Limited. The sole shareholder of KKR Group Limited is KKR & Co. L.P. The sole general partner of KKR & Co. L.P. is KKR Management LLC. The designated members of KKR Management LLC are Henry R. Kravis and George R. Roberts.
( 11 )KKR Partners III, L.P. may be deemed to indirectly beneficially own these shares of Common Stock by virtue of the membership interests it holds in Buck Holdings, LLC. The sole general partner of KKR Partners III, L.P.is KKR III GP LLC. The managers of KKR III GP LLC are Messrs. Kravis and Roberts.
( 12 )Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
( 13 )Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, KKR 2006 Fund L.P., KKR Associates 2006 L.P., KKR 2006 GP LLC; and KKR Fund Holdings L.P. have filed a separate Form 4.

Remarks:
(14) Mr. Kreider is signing in his capacity as attorney-in-fact for William J. Janetschek, a director of KKR Fund Holdings GP Limited. (15) Mr. Kreider is signing in his capacity as attorney-in-fact for Mr. Janetschek, a director of KKR Group Limited, the general partner of KKR Group Holdings L.P. (16) Mr. Kreider is signing in his capacity as attorney-in-fact for Mr. Janetschek, a director of KKR Group Limited. (17) Mr. Kreider is signing in his capacity as attorney-in-fact for Mr. Janetschek, Chief Fin ancial Officer of KKR Management LLC, the general partner of KKR & Co. L.P. (18) Mr. Kreider is signing in his capacity as attorney-in-fact for Mr. Janetschek, Chief Financial Officer of KKR Management LLC.

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